It depends on how many creativity points your Sim has, one with only a few points can sell a painting for anything from $2 to $15, Sims with maximum points can sell paintings â¦ for over $900. 1 person found this useful.
Net Assets. Net assets is the measure of your total assets less your total liabilities. What differentiates it from net equity is that you include inventory along with your other assets. A company with $50,000 in inventory, $200,000 in other assets and $150,000 in liabilities has $100,000 in net assets but only $50,000 in net equity.
Balance Sheet. A balance sheet also known as the statement of financial position tells about the assets, liabilities and equity of a business at a specific point of time. It is a snapshot of a business. A balance sheet is an extended form of the accounting equation.An accounting equation is: Assets = Liabilities + Equity.Assets are the resources controlled by a business, equity is the obligation of the company to its owners and liabilities are the obligations of parties other than owners. balance sheet has two formats: account form and report form. An account form balance sheet is just like a T-account listing assets on the debit side and equity and liabilities on the right hand side. A report form balance sheet lists assets followed by liabilities and equity in vertical format.